International Development Association
Commercial banking company
The International Development Association is a development finance institution which offers concessional loans and grants to the world's poorest developing countries. The IDA is a member of the World Bank Group and is headquartered in Washington,... Wikipedia
Founded: September 24, 1960
President: Ajay Banga
Headquarters: Washington, D.C., United States
Legal status: Treaty
Membership: 174 countries
Parent organization: World Bank Group
Purpose: Development assistance, Poverty reduction